Purplebricks says ..

Property Oracle says ..

Parkgate, Cheshire property analysis:

The property is a 3-bedroom, 1-bathroom terraced house located in Parkgate, Cheshire, with a list price of £325,000. The property has exposed beams and a traditional style, suggesting character. The images show a small front garden and what appears to be a small yard to the rear.

The location in Parkgate benefits from proximity to Parkgate Primary School (0.47km), which has a good Ofsted rating. Neston railway station is also relatively close (2.22km), providing convenient access to transport links. The area appears to be desirable, with nearby properties commanding higher prices, although the average price per sqft in the area (£348) is significantly higher than the price per sqft implied by the listing price.

The property’s condition appears to be good, with no obvious signs of significant disrepair from the images. However, a full survey would be needed to determine the extent of any necessary maintenance or repairs. The kitchen and bathroom appear relatively modern.

The land size is extremely small, a key factor to consider. The small plot size might be a drawback for some buyers, especially families.

Considering the list price of £325,000, the average house price in the area (£398,553), and the small plot size, the price may seem reasonable relative to other similar properties in the area. However, the average price per sqft in the area is considerably higher than the implied price per sqft of this property. This suggests that the property might be undervalued if the condition is as good as it appears, or potentially overvalued if it requires significant repairs. A detailed survey is recommended to assess the true value.

The property could be marketed as a charming period property in a desirable location near good schools and transport links. However, potential buyers should be aware of the small plot size.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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